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In the Figure Above,the Wage Rate Is $600 and Total

Question 77

Multiple Choice

  In the figure above,the wage rate is $600 and total fixed cost is $15,000.How much output does the firm produce when average variable cost is at its minimum? A) 270 B) 375 C) 30 D) 1,600 E) 4,800 In the figure above,the wage rate is $600 and total fixed cost is $15,000.How much output does the firm produce when average variable cost is at its minimum?


A) 270
B) 375
C) 30
D) 1,600
E) 4,800

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